JAL's April-Sept. net profit drops 42.2% to 39.07 billion yen
TOKYO (Kyodo) -- Japan Airlines Co. said Monday its net profit for the April-September period fell 42.2 percent from a year earlier to 39.07 billion y
Japan Airlines reported a 42.2% drop in its net profit for the April-September period, amounting to 39.07 billion yen, due to increasing fuel costs amidst Middle East tensions. Despite a 11.7% rise in revenues to 1.10 trillion yen for the first half of the year, the carrier noted a decline in international traveler numbers by 3.1% to 3.86 million, and a 2.2% reduction in domestic passengers to 18.70 million.
Both international and domestic flight revenues saw increases of 16.0% to 426.6 billion yen and 5.8% to 319.7 billion yen respectively. JAL maintained its projected net profit for the fiscal year ending March of 110 billion yen, a 20.1% decrease, and revenues of 2.1 trillion yen, a 4.1% increase.
Written by urgent.news from The Mainichi's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
